Asian economies are faced with a major energy risk after Iran closed the Strait of Hormuz and warned it would fire on any ship attempting to pass.

Iran has reportedly struck abuilding in Dubai, which is said to be associated with US forces.

India, a fast-growing oil consumer, is the country most vulnerable to crude supply shocks if the Middle East conflict leads to a prolonged disruption in shipments from the region, mainly because of its thin reserves, analysts said.

A major spill in the Gulf or Strait of Hormuz could cost between $860 million and $1.6 billion with no credible insurer to pay. Sanctions exposure also gives underwriters grounds to deny claims.

US-Israel Attack Iran Live: The Middle East conflict triggered by US and Israeli strikes on Iran won't be "an endless war," but could take "time," Israel's Prime Minister Benjamin Netanyahu said in an interview

Questioning the government's silence on the killing of Iran's Supreme Leader Ayatollah Ali Khamenei, veteran Congress leader Sonia Gandhi has said silence, in this case, is not "neutral", but an "abdication"

Global reactions poured in following the assassination of Iran's supreme leader, Ayatollah Ali Khamenei, in a joint military attack by the United States and Israel.

Anthropic PBC was among the artificial intelligence companies that submitted a proposal earlier this year to compete in a $100 million Pentagon prize challenge to produce technology for voice-controlled, autonomous drone swarming.

Meta Platforms Inc. founder Mark Zuckerberg and his wife, Priscilla Chan, purchased a $170 million mansion on Miami's "billionaire bunker," a private island in Biscayne Bay, according to two people familiar with the matter.

Elon Musk's brief effort to back out of buying Twitter Inc. in 2022 is the focus of a trial that kicked off Monday over claims the world's richest person manipulated the company's stock price to get himself a better deal.

Kunlun, a small commercial lender controlled by China National Petroleum Corporation (CNPC), became the financial artery for China-Iran oil trade when US sanctions choked Iran's access to dollars.

US President Donald Trump on Tuesday said "boots on the ground" may not be necessary, with tensions escalating in the Middle East as Washington trades attacks with Iran.

Anthropic PBC's artificial intelligence chatbot Claude will be able to recall context across conversations for free users, as the company seeks to hang on to new consumers who have created "unprecedented demand" the past few days.

Past conflicts in the Middle East typically hit India at the gas station. This time, the risks transcend oil, threatening everything from smartphone exports to New Delhi's fragile finances.

Amid the ongoing tensions, the US has boosted homeland security because of retaliation risks.

The Strait of Hormuz is the narrow mouth of the Persian Gulf through which about a fifth of the world's oil passes.

An Iranian Revolutionary Guards senior official said on Monday that the Strait of Hormuz is closed and Iran will fire on any ship trying to pass, Iranian media reported.

A loud blast was heard and thick, black smoke was seen rising above the US Embassy in Saudi Arabia's Riyadh, the latest of Washington's consulates in the Middle East to come under attack.

Three F-15E 'Strike Eagles' were shot down in separate 'friendly fire' incidents by Kuwaiti air defences, the United States' Central Command said Monday evening.

The United States attacked Iran only after learning that ally Israel was going to strike and fearing Tehran would retaliate against US forces, Secretary of State Marco Rubio said.